Molson Coors Brewing Co Class B (TAP)
Current ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 2,848,400 | 2,848,500 | 2,638,000 | 2,778,700 | 2,418,800 |
| Total current liabilities | US$ in thousands | 3,045,200 | 4,092,600 | 3,375,400 | 3,622,200 | 3,909,600 |
| Current ratio | 0.94 | 0.70 | 0.78 | 0.77 | 0.62 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $2,848,400K ÷ $3,045,200K
= 0.94
The current ratio of Molson Coors Brewing Co Class B has shown variability over the five-year period analyzed. Starting at 0.62 in December 31, 2020, the ratio increased to 0.77 by December 31, 2021, and further improved to 0.78 by December 31, 2022. However, there was a slight dip in the ratio to 0.70 by December 31, 2023, before experiencing a notable increase to 0.94 by December 31, 2024.
Overall, the current ratio indicates the company's ability to meet its short-term liabilities with its current assets. The fluctuations in the ratio could be due to various factors such as changes in the company's liquidity position, management of working capital, or variations in current assets and liabilities. It is crucial for stakeholders to monitor these changes to assess the company's financial health and its capacity to cover its short-term obligations.
Peer comparison
Dec 31, 2024